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NUCORP COMPLETES PURCHASE OF SUREWEST FINANCIAL

 NUCORP COMPLETES PURCHASE OF SUREWEST FINANCIAL
 CHICAGO, Aug. 14/PRNewswire/ -- Nucorp, Inc. (NASDAQ: NUCO) today


reported it has completed its previously announced acquisition of Surewest Financial Corp. The purchase price for the stock was $100 million; additionally, approximately $21 million of Surewest debt was retired.
 Surewest is the insurance holding company of Sioux Falls, S.D., based Western Surety Co., which is believed to be the largest writer of small fidelity and non-contract surety bonds. Western Surety, rated A plus (Superior) by A.M. Best, is licensed to write fidelity, surety and casualty insurance in all 50 states and the District of Columbia. Nucorp, Inc., is involved primarily in specialty insurance through Western Surety and United Capitol Insurance Co., an Atlanta-based excess and surplus lines company.
 -0- 8/14/92
 /CONTACT: Mary Jane Robertson of Surewest Financial Corp., 404-843-5086; or Kirk Brewer of Nucorp, Inc., 312-258-4359/
 (NUCO) CO: Nucorp, Inc.; Surewest Financial Corp. ST: Illinois, South Dakota IN: INS SU: TNM


DC -- NY052 -- 0076 08/14/92 14:03 EDT
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Publication:PR Newswire
Date:Aug 14, 1992
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